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US – 25% are saving $0 for retirement

Retirement savings for about a quarter of Americans amounts to … $0. Capture d’écran 2014-05-21 à 13.34.15

One in every four Americans is not saving for retirement at all, either because they are not thinking about it, do not really know how or, worse, do not feel they can afford to, according to a report by Country Financial.

Americans ages 18-29, often called “millennials,” are among the worst when it comes to saving for retirement, the firm said. Nearly a third—32 percent—aren’t saving at all for their “golden years.”

Many 20-somethings might just be pulling themselves out of the swamps of student debt, or maybe they just think retirement is too far in the future to worry about.

via 25% of Americans saving $0 for retirement.

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